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K.K.R.’s purchase of Pioneer’s D.J. audio equipment business is the modern-day equivalent of providing gold-rush pickaxes to participants in the rave rush, Jeffrey Goldfarb writes in Reuters Breakingviews.

K.K.R. has agreed to pay about $567 million for a one-third stake in the international renewable energy business of the Spanish company Acciona and will help finance future growth in Acciona’s renewable energy business.

June 11, 2014, Wednesday

Goldman Sachs and Bain Capital have agreed to pay a combined $121 million to settle a lawsuit that accused them and other firms of colluding to drive down the prices of takeovers before the financial crisis.

Kohlberg Kravis Roberts’ $1.6 billion acquisition of the landscaping company Brickman Group may show how the sale of a company by one private equity firm to another can be successful, Jeffrey Goldfarb of Reuters Breakingviews writes.